Empirical Evidence on the Success of R&D Co-operation - Happy together?

In this paper we analyse the effect of R&D co-operation on firms´ innovationperformance. We investigate the effect of past co-operation on current sales ofinnovative products, distinguishing between products new to the firm and new tothe market, and on cost reductions due to innovative processes. Particularattention is paid to the impact of different co-operation partners. The analysisrests on firm-level data from two consecutive waves of the annual Germaninnovation survey...